RETURNS

5.34 %

Fund Type

Open Ended

Investment Plan

Dividend Payout

Expense Ratio

0.11 %

Benchmark

CRISIL Liquid Fund TR INR

Asset Size

46.34 Cr.

Risk

Moderately Low

Objective

To provide liquidity with returns commensurate with low risk through a portfolio of money market and debt securities such that the Macaulay duration of the portfolio is between 3 months - 6 months.

Fund manager

Malay Shah

(since 22 Aug, 2014)

Exit load

N / A

Minimum sip

₹ 500

minimum investment

₹ 500

Top Holdings

This fund is been allocated in various sectors including some of the prominent ones that are widely accepted and are creating a value of trust.

Company

Assets

TALWANDI SABO POWER LTD

8.95 %

Indiabulls Housing Finance Limited

8.94 %

Dewan Housing Finance Corporation Limited

5.88 %

Reliance Ports And Terminals Limited

3.34 %

Sector Allocation

About the Scheme Type

Ultra Short Duration Fund

Short Duration Mutual Funds usually have an investment horizon spanning about 1 – 3 years, with a scope to be extended to 4 years. Short Duration Mutual Funds are often accompanied by modest risks and non-volatile returns and theydo not even attract penalty on pre-mature withdrawals. These are usually beneficial for investors with lower risk appetite and offer greater post tax returns in comparison to other non-equitycounterparts of the same tenure.